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Market Analysis
Wind Power Generated 31.4% of Electricity in December in Spain
Renewables produced 44% of electricity in 2020, wind power 21.8%, concentrated solar power 1.8%, and photovoltaic 6.1%.
Solar Cell
Stanford Scientists Gain Insight on Polaron Distortion in Perovskite Solar Cells
Polaron formation in perovskite solar cells has been indicated in scientific research as a possible factor for making this kind of cell particularly efficient, …
Iran
Strait of Hormuz: The World's Most Important Oil Artery
Iran's Revolutionary Guards Corps seized a South Korean-flagged tanker in Gulf waters and detained its crew, amid tensions between Tehran and Seoul over Iranian…
Nuclear Power Plant
Eskom Shuts Down Some Koeberg Nuclear Power Plant Units
According to South African news media reports, due to the leak, Eskom has taken the Koeberg nuclear power plant's Unit 1 off the assembly line and has accelerat…
Energy-Eficient Building
Biden Administration to Focus on Building Efficiency, Clean Energy
hese are just a few of the strategies the president-elect has promised to focus on in his Sustainable Infrastructure and Clean Energy Plan.
Oil Pipeline
US Congress Authorizes New Nord Stream 2 Sanctions
The sanctions aim to derail construction of the remaining offshore portion of Russian state-controlled Gazprom's near-complete 55bn m³/yr Nord Stream 2.
South Korea
Iran Seizes UAE-Bound Chemical Tanker
Iran has seized a UAE-bound chemical tanker in the strait of Hormuz, further stoking already heightened tensions in the Mideast Gulf.
Solar Power Plant
Ellomay Energizes 300 MW Solar Park in Spain
The Talasol project is currently Spain’s third largest operational PV plant.
Energy Subsidies
Serbia to Spend EUR 1 million on Subsidies for Electric, Hybrid Vehicles
In order to reduce air pollution, purchases of electric and hybrid vehicles will be subsidized with EUR 1 million in 2021.
Wind Turbine
MingYang Units Deliver First Power at Haitan Strait
Developer China Huadian Corporation has notched first power from its 154MW Fuqing Haitan Strait offshore wind farm off Fujian province.
Oil Pipeline
Azerbaijan Sends First Gas Export via TAP Pipeline
Azerbaijan has started commercial natural gas supplies to Europe via the Trans-Adriatic Pipeline.
Electricity Trade
Energoatom Accepts Need for Fixed Power Prices
Ukrainian nuclear power plant operator Energatom says it understands the urgent decision taken by the Cabinet of Ministers on 28 December to extend regulations …
Transformer
China XD Group Recieves Approval for Eight New Transformers
Eight new transformers and reactor products from China Xidian Group have passed the industry appraisal, and their comprehensive performance indicators reached t…
Crude Oil
Adnoc Distribution to Buy 15 Service Stations in Saudi Arabia for $10m
The company aims to “significantly” increase its presence in kingdom and become a top fuel retailer by 2025.
Wind Farm
Brazil’s Copel Introduces AI for Management of Wind Farms
Paraná state electricity utility Copel has implemented artificial intelligence in forecasting the output of wind generation.
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